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General 1. Remember to over trade Foreign exchange market is a free market that can be traded at any time. In any period of time, there is always a market ope

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1. Remember to over trade
Foreign exchange market is a free market that can be traded at any time. In any period of time, there is always a market opening in the world. There are also dozens of foreign exchange currency pairs with trading opportunities in different periods of time. There are also many traders who develop the habit of watching the market at any time. This habit makes the traders generate the impulse of trading in the process of watching the market, so as to enter the market for trading, sometimes even one day for trading Several times, unconsciously, his position is growing until the number of positions reached a dangerous level.
Excessive trading will not only increase the cost of your trading, but also make you lost in the self dilemma of trading for the sake of trading.
2. Grasp market transactions
There may be many opportunities to gain profits in foreign exchange market trading, but not every trading opportunity is worth grasping and pursuing, because funds and personal energy are always limited, and it is necessary for us to generate the maximum value of funds and energy, which requires you to enter the market when the big market appears, and one profit should be equal to several small trading profits In sum, it can save energy and maximize profits.
3. Pay attention to the opportunity of price breakthrough
The breakthrough of price in the market, especially the breakthrough of key points, is the emergence of important profit opportunities in the market. When the market price is in a long-term consolidation state, once the breakthrough of rising and falling occurs under the cooperation of trading volume, it is a good time to establish new positions.
4. Develop transaction plan and risk control strategy
Under the leverage, foreign exchange trading must be accompanied by trading risks. These risks may bring us fatal harm under the leverage. Therefore, it is very important to formulate various emergency prevention measures before trading, such as how to set stop loss, and the implementation of adding and reducing positions.
5. Summarize your own trading mistakes
Every misoperation in foreign exchange trading, we should record it in detail, study the causes and various related factors, and regularly check whether we make mistakes again. In this way, you can make faster progress.
 

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